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Richard
D. Hanks - Chairman
and President
![]() Rich has been a senior executive of several
Fortune 500 companies as well as several start-up ventures. His
experience spans multiple industries and disciplines, including
many years as an adjunct university professor and as an executive
consultant. He was an EVP and Corporate Officer at Marriott, where
he led the marketing strategy, sales, distribution, and revenue
management efforts for Marriott's 13 lodging brands and $18 billion
in sales. Most notably, Rich was named "The Leading Sales Innovator
in the Lodging Industry," and Marriott's sales team was rated one
of the top 25 in the U.S. for 4 years under his leadership. Rich
also led Marriott onto the Internet, prompting Bill Gates to refer
to him as an "important Internet champion" in his book "Business
@ the Speed of Thought". Earlier in his career, Rich was called
the "Leader of Hotel Revenue Management and Strategy" for his leadership
in hotel pricing and yield management. Rich previously spent several
years at PepsiCo's Frito-Lay Division in Strategic Planning, and
with Price Waterhouse as a CPA and Management Consultant. He was
also CEO of BlueStep, a software start-up, which grew to include
8 branded products prior to it being acquired in 2002. He was nominated
for Utah Entrepreneur of the Year in 2001 and 2007. He was also
the interim head of Marketing and Strategy for USDTV, Inc., an over-the-air
digital TV service provider, as it progressed from start-up to product
launch. He is an author and frequent teacher/speaker at trade, academic
and professional gatherings, and is widely quoted in top business
journals and trade publications. An active participant on various
boards of corporations, universities, and foundations, Hanks was
a lecturer and adjunct professor at Cornell University for 10 years
and on the Board of the Cornell Center for Hospitality Research.
He obtained his bachelor's degree from Brigham Young University
and his MBA from Northwestern University.
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